US-based USI Insurance Services (USI) has acquired Ohio-based Chapman & Chapman to bolster employee benefit and retirement planning expertise.
The financial terms of the acquisition were not disclosed.
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Founded in 1886, Chapman & Chapman has 185 offices across 45 US states servicing over 50,000 corporate clients.
Commenting on the acquisition, USI regional CEO Thomas Cassady said: “We are thrilled to welcome Walter, Kristin and the talented professionals from Chapman & Chapman to the USI family.
“Partnering as one, we look forward to strengthening USI’s employee benefit and retirement consulting expertise in service to our current and future clients throughout northern Ohio and beyond.”
Chapman & Chapman CEO Walter Chapman said: “From Chapman & Chapman’s founding, our firm has earned an exceptional reputation for delivering innovative solutions and service to businesses and individuals.
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By GlobalData“Throughout our more than 130-year history, twelve members of our family have joined the firm, spanning the past five generations. This partnership with USI marks an exciting milestone for our firm and one that will advance our longstanding legacy for delivering client-centric solutions built on a shared sense of commitment, innovation and integrity.”
USI offers property and casualty, employee benefits, personal risk and retirement solutions to large risk management clients, middle market companies, smaller firms and individuals.
The company is headquartered in Valhalla, New York.
